London Stock Exchange ETF segment · UCITS ETF
Invest in MEUS ETF from India
Indian and foreign residents can buy Amundi Core Stoxx Europe 600 UCITS ETF (MEUS) units directly through Paasa.
By Paasa · Updated
MEUS at a glance
- Price
- $362.20-$1.23 (0.34%)
- Expense ratio
- 0.07%
- Day range
- $359.20 – $363.15
- Assets
- $25.9B
- Domicile
- Luxembourg
- Holdings
- 612
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- +3.49%
- 6 months
- +2.78%
- YTD
- +7.77%
- 1 year
- +12.71%
- 5 years
- +51.34%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV3.9%
- 2ROCHE HOLDING AG - GENUSSS CHF2.2%
- 3HSBC HOLDINGS PLC2.0%
- 4NOVARTIS AG-REG2.0%
- 5ASTRAZENECA GBP1.9%
- 6SHELL PLC EUR1.8%
- 7NESTLE SA-REG1.7%
- 8SAP SE / XETRA1.5%
- 9SIEMENS AG-REG1.5%
- 10TOTALENERGIES SE PARIS1.3%
MEUS holds 612 securities in total. These 10 are 19.9% of the fund.
Where the money is invested
Sectors
- Financial Services25.3%
- Industrials18.7%
- Healthcare13.7%
- Technology8.6%
- Consumer Defensive8.0%
- Consumer Cyclical6.6%
Countries
- United Kingdom21.9%
- Switzerland15.3%
- France13.5%
- Germany13.1%
- Netherlands8.3%
- Spain5.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XSX6LSEXtrackers Stoxx Europe 600 UCITS ETF 1C | 0.2% | 5.0B |
| STXHXETRAAmundi Core Stoxx Europe 600 UCITS ETF EUR Hedged Dist | 0.15% | 23.5B |
| XSXEXETRAXtrackers Stoxx Europe 600 UCITS ETF 2C - EUR Hedged | 0.25% | 6.0B |
| S600LSEInvesco STOXX Europe 600 UCITS ETF | 0.19% | 443.4M |
Assets are shown in each fund's own reporting currency.
How to invest in MEUS from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search MEUS and buy
Find the fund by its ticker, MEUS, on the London Stock Exchange ETF segment, and place your order.
Why invest in MEUS from India
What MEUS holds
To track the performance of STOXX Europe 600 Index (the Index), and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index.
Outside US estate tax
MEUS is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from MEUS' holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
MEUS is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why MEUS' UCITS structure matters for Indian investors
MEUS is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy MEUS from India?
Yes. Indian residents can buy Amundi Core Stoxx Europe 600 UCITS ETF (MEUS) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does MEUS invest in?
Amundi Core Stoxx Europe 600 UCITS ETF holds 612 securities. Its largest holdings are ASML HOLDING NV (3.9%), ROCHE HOLDING AG - GENUSSS CHF (2.2%) and HSBC HOLDINGS PLC (2.0%). Financial Services is its largest sector at 25.3%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of MEUS?
Amundi Core Stoxx Europe 600 UCITS ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about $25.9B.
Is MEUS a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core Stoxx Europe 600 UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
Does MEUS pay dividends?
No. Amundi Core Stoxx Europe 600 UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell MEUS?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.